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The Secret Sauce to Protecting Construction Profits  

Autodesk Construction Cloud

Bank failures, rising interest rates, high material prices, and labor crunches are all making it more challenging for construction companies to protect, let alone, improve their margins. By taking proactive steps and adopting the right tools, you can mitigate and safeguard your firm’s profits. And the pressure is rising.

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The Right Accounting Software Can Increase Your Profits

Contractor Bookkeeping

1 Cash On Hand - This report shows you how much cash you have in your checking accounts, savings accounts, payroll accounts, hip national bank (your wallet), and petty cash box in your office. #2 What three reports do you need for your construction business? #1

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Graham margin slips as turnover tops £1bn

Construction Enquirer

But rising cost pressures saw pre-tax profit slide 20% to £15.1m, representing a fall in group margin from around 2% to 1.3% Andrew Bill, Graham Group chief executive officer, said that profitability has been impacted by well-publicised inflationary pressures facing the wider economy. . in the year to March 2023.

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Hill Group counts on partnership housing to drive growth

Construction Enquirer

Andy Hill, group chief executive officer, said a steady performance last year, which saw it maintain record profit of £66m from revenue down 5% at £716m, positioned Hill to pursue further strategic investments to achieve its goal of doubling the size of its business by 2025.

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Morrisroe Group suffers its first trading loss

Construction Enquirer

profit in the prior year. “We have been able to convert a number of opportunities in the commercial office sector as well as in the health sector. Over the course of the testing year, cash at bank slipped to £27m from £38m.

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Join Viewpoint at BuiltWorlds 2018 Summit

Viewpoint Construction Technology

We remain the only technology company with the ability to integrate operations across the office, team and the field in real time, which is transforming how the construction industry operates. Modernizing Project Management. Modernizing Project Management. We’re also speaking!

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Unique Bookkeeper Errors Reduce Contractor Profits

Contractor Bookkeeping

The banker said his Profit & Loss, Balance Sheet did not look right to him. His banker was a blunt and told him that if he wanted to stay in the construction business he needed to have accurate Profit & Loss, Balance Sheet and Job Costing Reports. QuickBooks Job Profitability Reports. He had to rely on his gut feeling.